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2130-2144 W Main St - MultiFamily/Retail Development Project 0.8 Acres of Commercial Land Offered at $895,000 in Mesa, AZ 85201



Investment Highlights
- City of Mesa conceptual site plan discussed and approved for mixed-use development.
- Design includes 51 total parking spaces across two levels.
- Fifth-floor amenity space planned for enhanced resident lifestyle.
- Ground floor incorporates eight retail spaces supported by landscaped setbacks.
- Residential component features 21 condominiums with a mix of two-bedroom layouts.
- Offers a balanced opportunity for retail engagement and multifamily housing in a growing market.
Executive Summary
This conceptual development opportunity in Mesa, Arizona, has secured initial approvals from the City of Mesa Planning and Development Department, offering a streamlined path for a developer to bring a mixed-use project to life. The proposed design integrates retail and multifamily components, delivering a versatile layout that combines residential living with ground-floor commercial activity.
The conceptual site plan includes a first level designed for eight retail storefronts complemented by landscaped setbacks, creating an attractive streetscape that promotes walkability and curb appeal. Covered parking and garden features enhance usability at grade. The second level adds additional parking capacity, bringing the total to 51 spaces across the first two floors, ensuring sufficient accessibility for both residents and visitors.
Upper levels are dedicated to residential living with spacious condominium layouts: Floors three and four each feature eight units, including two-bedroom homes with one or two bathrooms. The fifth floor offers five additional condominiums with an integrated amenity area to maximize resident comfort and lifestyle appeal.
Positioned for a developer seeking a ready-to-advance project, this property leverages a desirable Mesa location and pre-discussed approvals, enabling a simplified entitlement process and compelling long-term value through thoughtfully planned residential and retail synergy.
The conceptual site plan includes a first level designed for eight retail storefronts complemented by landscaped setbacks, creating an attractive streetscape that promotes walkability and curb appeal. Covered parking and garden features enhance usability at grade. The second level adds additional parking capacity, bringing the total to 51 spaces across the first two floors, ensuring sufficient accessibility for both residents and visitors.
Upper levels are dedicated to residential living with spacious condominium layouts: Floors three and four each feature eight units, including two-bedroom homes with one or two bathrooms. The fifth floor offers five additional condominiums with an integrated amenity area to maximize resident comfort and lifestyle appeal.
Positioned for a developer seeking a ready-to-advance project, this property leverages a desirable Mesa location and pre-discussed approvals, enabling a simplified entitlement process and compelling long-term value through thoughtfully planned residential and retail synergy.
Property Facts
1 Lot Available
Lot
| Price | $895,000 | Lot Size | 0.80 AC |
| Price Per AC | $1,118,750.00 |
| Price | $895,000 |
| Price Per AC | $1,118,750.00 |
| Lot Size | 0.80 AC |
Vacant lot prepared for development project. Level, previously developed, utilities to site.
Description
Conceptual Multifamily and Retail site plan for development. 5 Floors with a total of 74ksf of developed space including parking garage. See details. City of Mesa approves supports the Conceptual Plan.
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Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Very bikeable
80/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $47,365 | Total Assessment | $47,365 |
Property Taxes
Parcel Numbers
Land Assessment
$47,365
Improvements Assessment
$0
Total Assessment
$47,365
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2130-2144 W Main St - MultiFamily/Retail Development Project
